---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-044610"
form_type: "8-K"
ticker: "PRPL"
cik: "0001643953"
company_name: "Purple Innovation, Inc."
filed_at: "2021-08-24T23:59:59+00:00"
generated_at: "2026-06-29T08:10:13.221610+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Purple Innovation CFO Craig Phillips departs; Bennett Nussbaum named interim CFO

## Summary
- Craig Phillips' last day as CFO is August 31, 2021; departure not related to financial reporting or controls.
- Bennett Nussbaum, age 74, appointed interim CFO; previously CFO at Pepsi-Cola, Burger King, FedEx Office.
- Nussbaum receives $300K for 6-month initial term, $50K per month extension, $100K bonus, and stock appreciation incentive.
- Company has engaged an executive search firm to identify a permanent CFO.

## SEC filing metadata
- accession: 0001213900-21-044610
- form_type: 8-K
- ticker: PRPL
- cik: 0001643953
- company_name: Purple Innovation, Inc.
- filed_at: 2021-08-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643953/000121390021044610/0001213900-21-044610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643953/000121390021044610/ea146161-8k_purple.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-044610
- JSON: https://secwatch.observer/filing/0001213900-21-044610.json
- Plain text: https://secwatch.observer/filing/0001213900-21-044610.txt

## Key facts
- Executive change
  Bennett Nussbaum was appointed as Interim Chief Financial Officer and Principal Financial Officer at Purple Innovation, Inc..
  - Action: appointed
  - Role: Interim Chief Financial Officer and Principal Financial Officer
  source text: On August 19, 2021, in connection with the departure of Craig L. Phillips as the Company’s Chief Financial Officer, the Board of Directors (the “Board”) of the Company appointed Bennett Nussbaum to serve as the Interim Chief Financial Officer and Principal Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643953/000121390021044610/0001213900-21-044610-index.htm
- Executive change
  Craig L. Phillips departed as Chief Financial Officer at Purple Innovation, Inc..
  - Action: departed
  - Role: Chief Financial Officer
  source text: On August 18, 2021, Craig L. Phillips, Chief Financial Officer of Purple Innovation, Inc. (the “Company”), and the Company determined that Mr. Phillips’ last day of employment as the Chief Financial Officer of the Company will be August 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643953/000121390021044610/0001213900-21-044610-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.